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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

Recommended

In brief: Green light for De Montfort-Bristol Uni LPC

The Law Society validation panel has given the green light to De Montfort University to offer its legal practice course (LPC) in Bristol in association with Bristol University from September this year. Last month The Lawyer reported that nine lecturers on Bristol’s current course had defected to the University of the West of England.

Dear incoming DPP…

Christopher Frazer has some advice for the next Director of Public Prosecutions. Christopher Frazer is a practising barrister at Harcourt Chambers, London and Oxford. In 1993, the Centre for Policy Studies published a pamphlet of mine regarding the Crown Prosecution Service (CPS). In 1997, the Labour Party also published a pamphlet about the CPS. Labour’s […]

Charity review is a review too far

Hubert Picarda QC says that rather than wasting money on consulting “Joe Public’, the Charity Commission should ensure that their plans are legally sound The Charity Commission’s review of the Charities Register has provoked loud protests in legal circles and a preliminary paper has been criticised by the Charity Law Association. The commissioners have now […]

Newly-elected Ng vows to improve profession in HK

Barrister Margaret Ng, newly-elected to Hong Kong’s Legislative Council (LegCo), said one of her first priorities would be to try to put Chinese state bodies back under the rule of Hong Kong statutes. She told The Lawyer last week that the administration had changed the law to make state bodies, such as the official news […]

Firms face fallout after Indian bomb test

US sanctions imposed on India in response to the country’s recent nuclear tests could cost the country around $350bn and hit the telecom and power sectors hardest, Milbank Tweed Hadley & McCloy’s Singapore office says in a report. Law firms advising on Indian projects, such as Ashurst Morris Crisp – which recently sent out a […]

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